Our Bi-Monthly Newsletter, as featured in Family Lawyer Magazine:
For the past almost 20 years, the movie industry has seen enormous expansion and diversity of heroes. The “Transformers” franchise alone has exploded across screens featuring robots voiced by leading men and women in the industry.
Now though, we’re seeing a new batch of Transformers – women controlling business and family wealth.
The financial landscape has started, and will continue to be, reshaped by a powerful shift as women are acquiring unprecedented control over wealth. Whether a result of women gaining control following divorce or death of a spouse or whether it is just a continuation of this trend, it's essential for women to take an active role in managing and growing their financial resources … and transforming the entire wealth landscape.
Traditionally, women have been seen as more conservative investors, often prioritizing long-term stability over aggressive growth. However, this cautious approach, while protective, has sometimes limited potential gains.
We see this changing.
At Wilmington Trust, we work with our clients to understand their full financial picture and their goals for their wealth — and for future generations -- in order to embrace calculated risks and potential growth from their investment strategies.
We work closely with clients to build long-lasting relationships and make informed decisions, understanding market trends, and educate about financial securities. Understanding the importance of financial empowerment and adopting effective investment strategies can help women secure their financial futures and achieve their long-term goals.
As 2024 comes to a close, it’s a perfect time to review financial goals and make strategic moves to empower yourself and your family and take control of your finances.
As a starting point, we suggest seven foundation steps for 2025 and beyond for those suddenly thrust into positions of control as divorcees or widows or any women looking to empower themselves financially.
Top Investment Ideas to Empower Women to Become Transformers and Take Control of Their Finances
These seven ideas will help “transforming women” to continue to gain control and comfort with their wealth, while also giving the opportunity to influence financial markets and drive positive change.
By embracing a proactive approach to wealth management, taking calculated risks, and making informed investment decisions, women, including women who are suddenly single through divorce or death of a spouse, can help secure their financial independence and leave a lasting financial legacy.
We all want to empower ourselves by taking control of our finances. The end of the year is an ideal time to reassess financial goals, explore new investment opportunities, and ensure that your wealth management strategy is aligned with your long-term vision.
Indeed, it will allow women transformers the opportunity to change the face of their families for generations to come.
Disclosures:
There is no assurance that any investment strategy will be successful. Investing involves risks, and you may incur a profit or a loss. Asset allocation/diversification cannot guarantee a profit or protect against a loss.
This article is for general information only and is not intended as an offer or solicitation for the sale of any financial product, service, or other professional advice. Wilmington Trust does not provide tax, legal or accounting advice. Professional advice always requires consideration of individual circumstances. Wilmington Trust is a registered service mark used in connection with various fiduciary and nonfiduciary services offered by certain subsidiaries of M&T Bank Corporation.
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